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You are here - Home > About Lend Lease > Who We Are > History Highlights > Pre 2000 > 1990 - 1999

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Who We Are
1990 - 1999
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1999
Acquisition of five businesses from AMRESCO .
Registered Prospectus for the Lend Lease US Office Trust, which will be the only Australian listed property trust specialising in US office real estate assets.
Lend Lease acquires The Boston Financial Group.
Acquisition of P&O's Global Project Management Company - Bovis.
Launch of Campus MLC - MLC's new work environment to complement business transformation.
Actus Lend Lease LLC is formed in the United States to bring Lend Lease community development to the US.
Launch of Real Estate Partners Fund (wholesale Australian property funds).
Launch of Lend Lease Global Properties Fund.
Lend Lease, in conjunction with Sydney City Mission, win inaugural Australian Prime Minister's Award for Business and Community Partnerships.
Opening of Bluewater, one of Europe's largest retail and leisure destinations’.
Lend Lease Retail Partnership in the UK formed.

1998
Completion of Cockle Bay Wharf, Sydney.
Launch of Australia's fully integrated online investing service, Your Prosperity.
Joint venture formed with East Asia Property Group, Mirvac and Lend Lease to develop a new landmark building for Sydney, designed by Renzo Piano (88 Phillip St/155 Macquarie St).
Plum Financial Services launched (joint venture between MLC and The Vanguard Group).
Acquisition of Southern European retail services company, Larry Smith Group.
SITEL Asia Pacific launched (joint venture between Lend Lease and the SITEL Group).
Singapore celebrates 25 years of business.

1997
GPT purchases interest in Ayers Rock Resort.
Historic alliance takes place as Lend Lease acquires ERE and merges it with the Yarmouth Group.
Share plan extended to US employees.
Work begins on Sydney's 'Olympic' suburb, Newington, and Olympic athletes' village.
Advantra, another IT joint venture forms.
Darling Park Trust forms.
IT + T forms concentrating on Information technology.
First commission of Coca Cola in Bangalore, India.

1996
Shanghai office opens.
Bluewater Foundation Ceremony held.
Warsaw, Poland office opens.
Lend Lease Foundation is offered to all employees globally and changes focus to "support Lend Lease people today and tomorrow".

1995
Hong Kong office opens.
MLC Life becomes MLC Limited.
Contract to buy Bluewater land signed.
Aquatic Centre at the Sydney Olympic site opens.
David Higgins becomes Managing Director and CEO.

1994
MLC commences product simplification to reduce the range of products on offer.
Design commences on Bluewater in the UK.
Sinar Mas joint ventures signed in Indonesia.
John Morschel becomes CEO.
Darling Park completes and wins international recognition.
ISSC (IBM Global Services) our first information technology joint venture forms.

1993
Thailand and Jakarta offices open.
Sydney wins bid for 2000 Olympics.
The addition of Yarmouth in the US to the Lend Lease Group adds impetus to the Group’s international efforts.

1992
Australian Eagle joins the Lend Lease family.
Civil & Civic commences project management of the Sydney International Aquatic and Athletic Centre at Homebush Bay.
The first global property fund launched.
Australian Funds Under Management exceeds A$15 billion for the first time.
Workplace Reform programs begin.
Penrith Plaza redevelopment, a A$400 million retail project, begins in Western Sydney.
Inaugural Chairman’s Awards and Employee Appreciation Week.

1991
Australian Water Services formed.
Board committee for Environment and Occupations Health and Safety set up.
The Lend Lease Design Group becomes an entity in its own right.
Darling Park construction commences in Sydney.
Lend Lease International commences operations in Europe.

1990
Mayne Nickless Payroll Services acquired.
All Australian employees receive profit share.
The Superannuation Funds of MLC and Lend Lease merge.
The Capita Group merges with MLC.